please apply theories of business negotiation. Apply theories of business negotiation that you have learned. Document Preview: Apply theories of business negotiation that you have learned. Words 2500 Question 1 A potential consequence of two parties in an inter-dependent relationship is conflict. Examine the nature of conflict and its functions. Suggest two (2) broad conflict resolving approaches. You must illustrate your arguments with examples, preferably the examples from your current or previous workplace, whenever necessary. (10 marks) Question 2 Robert is a computer programmer with substantial experience in programming. He was offered a job at another company with a 15% increase in pay. However, he needs to join the new company next month and his minimum notice period of resignation is two months. He is also engaged in a project that is highly valuable to his current company. The project is 20% from completion and Robert is the lead programmer. If he resigns with less than two months of notice, he will lose his year end bonus of $30,000/- , 10 days of sick leave worth of $1,500/- and $300 worth of travel incentive vouchers. His current companys managing director, Ray, hired Robert when he was fresh out of school 5 years ago. Robert feels he is indebted to Ray for giving him a head start in life so to speak. He is concerned with the potential disappointment that Ray may have especially, given the fact the turn-key project is close to completion. He is also concerned how Ray would perceive his immediate departure. Robert heard that you have just completed a course in business negotiation and requested your help. Appraise the negotiation process Robert can adopt, and formulate the optimal strategy for Robert. (15 marks) Question 3 Steven is a marketing executive with an insurance company. He represents the company to negotiate with Long Time Car Repair Pte Ltd that repaired his clients car in a recent accident. The amount and when to pay this company is the subject of a dispute. From the emails he has seen between Long Time Car Repairs Pte Ltd and his ex-colleague Roma who had Attachments: Business-Neg..docx book-to-read.jpg